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| 正面铭文 | ПРИВИЛЕГОВАНА НАРОДНА БАНКА КРАЉЕВИНЕ СРБИЈЕ ПЛАЋА ДОНОСИОЦУ ПЕДЕСЕТ ДИНАРА У СРЕБРУ Београд 1. Августа 1914 Закон од 23. Септембра 1885 §. 45 кр. зак. фалсификовање банкнота казни се робијом B. VOUCANOVITCH FEC. |
| 背面描述 | The back is printed in blue on a light ground and carries at left a large vignette of the Serbian royal coat of arms — a double-headed eagle supporting a quartered shield — surrounded by an allegorical composition of agricultural and industrial attributes including a plough, barrels, fruit, a jug and an anchor. An interlaced knotwork border frames the entire reverse, with the denomination numeral 50 repeated in the upper corners. The French-language bank title and payment clause are set in letterpress at the upper right. |
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The Privileged National Bank of the Kingdom of Serbia contracted the Banque de France to produce this series, an arrangement that reflected both the technical limitations of Serbian printing infrastructure and the close financial ties between Belgrade and Paris in the years preceding the First World War. Beta Vukanović, one of Serbia's most accomplished artists of the period, provided the design work — an unusual degree of national creative input for a note produced entirely abroad.
The 1914 dating places this issue at the outbreak of the war with Austria-Hungary, which almost immediately disrupted normal banking operations and circulation channels. Notes from this series were printed but distribution was severely complicated by the Serbian army's forced retreats of 1914–1915.